I am having trouble getting the correct formula down ifthe total stock is $50,00

Question

I am having trouble getting the correct formula down ifthe total stock is $50,000 to put into two companies and onecompany yeilds stock of 10% and the other stock of 20%. Thefirst company needs to exceed the second company by $20,0000.
How much stock should be invested in each company? I am having trouble getting the correct formula down ifthe total stock is $50,000 to put into two companies and onecompany yeilds stock of 10% and the other stock of 20%. Thefirst company needs to exceed the second company by $20,0000.
How much stock should be invested in each company?

Explanation / Answer

1) 50,000 = .10x + .20y This accounts for the different ratesof return
2) y = 20,000 + x
I'll let you solve (by substitution), but this will give youthe answer.

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